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☆ Exclusive: Diabetes startup Omada Health has confidentially filed its S-1 to go public
▼ + stars: | 2024-10-02 | by ( Rebecca Torrence | Ben Bergman | ) www.businessinsider.com time to read: +4 min

Diabetes startup Omada Health has confidentially filed its S-1 for an IPO, BI has learned. Fellow healthcare startup Hinge Health has hired banks as it prepares to confidentially file its S-1. AdvertisementRumors about diabetes startup Omada Health's public market debut have been swirling for years. Omada Health confidentially filed its S-1 this summer to go public, according to one person with knowledge of the transaction. After 20 healthcare startups went public in 2021, only one healthcare company went public the following year — Akili Interactive, which sold for $34 million this July.

Persons: —, Health confidentially, It's, Sean Duffy, Morgan Stanley, Cameron Lester, Ben Narasin, Duffy, Omada Organizations: BI, Service, Health, Lyra, Tempus, Jefferies, Venture, Amazon

☆ No need to sell this AI data center play ahead of earnings — and updates on 3 more industrial stocks
▼ + stars: | 2024-10-02 | by ( Morgan Chittum | ) www.cnbc.com time to read: +6 min

Deutsche Bank is striking a cautious tone on Dover 's stock ahead of the industrial conglomerate's upcoming earnings report. Late Tuesday, Deutsche Bank listed Dover as a short-term sell idea, suggesting the company will report underwhelming results that may pressure shares later this month. Other industrial stocks in our portfolio received price target increases this week, including Eaton, Stanley Black & Decker and Honeywell . Both firms raised their price target on the DeWalt owner's stock to $100 a share from $96 while maintaining hold or hold-equivalent ratings. Honeywell's price target was increased only slightly at Deutsche Bank — up merely $1 to $226 a share — and left unchanged at Barclays.

Persons: Jim Cramer, industrials, Barclays –, Stanley Black, Decker, Jim, Dover, Richard Tobin, there's, DOV YTD, DOV, It's, Eaton, Vimal Kapur, Jim Cramer's, SWK Organizations: Deutsche Bank, Federal Reserve, Barclays, Environmental Solutions, Wednesday, Honeywell, Deutsche Bank —, Barclays . Deutsche Bank, CNBC, Luza Locations: Dover, Eaton

☆ Conagra Brands CEO Sean Connolly sits down with Jim Cramer
▼ + stars: | 2024-10-02 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Conagra Brands CEO Sean Connolly sits down with Jim CramerConagra Brands President and CEO Sean Connolly talks consumer trends, hot dog manufacturing, snack offerings and more.

Persons: Sean Connolly, Jim Cramer Conagra Organizations: Conagra, Jim Cramer Conagra Brands

☆ The Reality of AI in Real Estate
▼ + stars: | 2024-10-02 | by ( Diana Olick | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Reality of AI in Real EstateWhen it comes to the red-hot real estate market, buyers, sellers, and brokers alike are always looking for an edge for the best place and the best deal. Can AI be a gamechanger? Ryan Serhant, CEO of luxury real estate brokerage and media company SERHANT and reality star of "Owning Manhattan" tells us how he's deploying AI at his firm and how he sees the technology changing the industry.

Persons: Ryan Serhant Locations: Manhattan

Outside the Mellow Mushroom, there was a long line of people Tuesday waiting for something that has also been hard to come by — pizza. Gerry Mahon, who owns the popular pizzeria on Broadway Street, said he has given out $5,000 worth of pizza to his fellow storm survivors. "It’s good," a delighted Charity Padilla, of Asheville, said after she secured one of the precious pies. A long line of cars queued up Tuesday at a drive-thru water distribution center at Asheville Middle School. Koral Alexander, who lives near Pisgah National Forest outside Asheville, said she was in town watching a friend's dog when the storm hit.

Persons: Hurricane Helene, Gerry Mahon, Mahon, Helene, Charity Padilla, It’s, I’ve, ” Padilla, “, Alyse Goodman, Sean Morrison, ” Goodman, Goodman, Morrison, chow, Jeanisha Williams, Williams, We've, ” Williams, We’ve, Andrez Vives, Brianna Lee, Lee, Harris, it’s, Sala Menaya, Merritt, Menaya, Koral Alexander, Alexander, Minyvonne Burke, Corky Siemaszko Organizations: YMCA, Asheville Middle Locations: ASHEVILLE, N.C, Hurricane, Florida, North Carolina, Buncombe County, Asheville, Asheville's Hillcrest, Pisgah, Forest, New York City

There were more splinters than teardrops left on a Taylor Swift-autographed guitar after a Texas man smashed it apart as "a joke" — after paying thousands for it at auction, the man said Tuesday. "It was just a joke at an auction that we had to raise money for kids, right? It was just a joke that they were making up on the stage, and we just followed through with a joke." But after talking to the man, Meier said it was an obvious political statement. "At the end of the day, thank you, Taylor Swift," Meier said.

Persons: teardrops, Taylor Swift, Gary Estes, Estes, Swift, Craig Meier, Meier, Kamala Harris, Donald Trump, Trump, Joe Biden, Harris, he's, wasn't, Kamala, — Organizations: NBC, GOP, Trump, Smith, Wesson Locations: Texas, Ellis, Waxahachie, Taylor, Ellis County, Vancouver

Mount Everest is astoundingly tall at 29,032 feet above sea level, besting its Himalayan neighbors by hundreds of feet. But the world’s tallest peak is still growing, scientists say, thanks in part to the merger of two nearby river systems tens of thousands of years ago. Everest has gained between about 50 and 160 feet as a result of that merger, researchers revealed in a study published Monday in the journal Nature Geoscience. Researchers also say this could explain why Everest is unusually tall, reaching nearly 800 feet higher than its neighbors. “While not entirely revolutionary, these findings are certainly surprising,” Dai said, adding that they could lead to a re-examination of current models of Himalayan formation and evolution.

Persons: Everest, ” Dai Jingen, ”, Dai, ” Dai Organizations: Nature, China University of Geosciences, NBC News Locations: Everest, Beijing, Eurasia

☆ NFL Power Rankings Week 5: Believing in the Vikings and rookie check-in
▼ + stars: | 2024-10-01 | by ( Josh Kendall | ) www.nytimes.com time to read: +24 min

In honor of Jayden Daniels’ historic start to his NFL career, the Power Rankings are checking in on rookies this week. Last week: 4Sunday: Beat Green Bay Packers 31-29The Vikings are having the NFL’s most surprising season without much help from their rookie class. Veteran wide receiver Rashee Rice is expected to miss the rest of the season after suffering a knee injury against the Chargers. Second-round wide receiver Ladd McConkey had a career-high 67 yards Sunday and leads the team with 173 receiving yards. Fourth-round tight end Erick All has been a surprise with 12 catches, but third-round wide receiver Jermaine Burton has been a disappointment.

Persons: Jayden Daniels, Daniels, Caleb Williams, they’ve, we’ve, J.J, McCarthy, Sam Darnold, Dallas Turner, Xavier Worthy, Rashee Rice, Worthy, Kingsley Suamataia, Roger Rosengarten, Derrick Henry, Henry, Keon Coleman, it’s, Coleman, James Cook, Terrion Arnold, Ennis Rakestraw, Arnold, Rakestraw, Jared Goff, Patrick Breen, Kamari Lassiter, Nico Collins, Byron Murphy, Geno Smith, Smith, Graham Barton, Bucky Irving, Irving, Mike Evans, Mason McCormick, Troy Fautanu, Zach Frazier, Justin Fields, Dominick Puni, Darren Yamashita, Puni, that’s, Ricky Pearsall, Jim Harbaugh, Joe Alt, Ladd McConkey, Javon Bullard, Bullard, Jordan Morgan, Edgerrin Cooper —, — Luke Musgrave, Tucker Kraft, Jayden Reed, Dontayvion Wicks, Love, mettle, DeMarcus Lawrence, Kneeland, Tyler Guyton, Cooper Beebe, Michael Penix Jr, hasn’t, Kirk Cousins, Ruke Orhorhoro, Brandon Dorlus, Bralen Trice, JD Bertrand, he’s, Taliese Fuaga, Aid McKinstry, Khristian Boyd, Weeks, Laiatu Latu hasn’t, Adonai Mitchell, Joe Flacco, Anthony Richardson, Anthony Richardson's, gam, Ang, e nt, No, Wil l iams: He, lea, dou, Tre, Ben, Lo, Bea, Caro, tigh, carr, rs does, ron, Nix, Eli M ann i, Fran, abou, Dalt, Andy Dalt, ake, Will Levi, Gian, Smit, Garr, Thom, Pede, arn Organizations: NFL, Washington, Green Bay Packers, Vikings, New York Jets, Chiefs, Los Angeles Chargers, Chargers, Veteran, New, New Orleans Saints, Beat Buffalo Bills, Bills, Ravens, 33rd, Cincinnati Bengals, Buffalo Bills, Baltimore Ravens, Buffalo, Houston Texans, Beat Seattle Seahawks, Lions, Ennis, The, USA, Beat Arizona Cardinals, Cleveland Browns, Beat Jacksonville Jaguars, Texans, Jaguars, Seattle Seahawks, Detroit Lions, Seahawks, New York Giants, Beat Philadelphia Eagles, Bucs, Tampa Bay’s, Atlanta Falcons, mojo, Indianapolis Colts, Steelers, South Dakota State, Colts, Dallas Cowboys, 49ers, New England Patriots, Central, Patriots, 33rd Team, Arizona Cardinals, Kansas City Chiefs, Minnesota Vikings, Packers, Los Angeles Rams, Beat New York Giants, Dallas, Pittsburgh Steelers, Beat New Orleans Saints, The Falcons, Tampa Bay Buccaneers, Aid, Beat Pittsburgh Steelers, Jacksonville Jaguars, Cal, Wil, pla, ims, unt, Sund, Jets, erc, ork Jets, acc, ard, lse Locations: Kansas, New Orleans, The Republic, Tampa, Central Missouri, Atlanta, Indianapolis

☆ I'm an Italian chef for billionaires and luxury events. 2 dishes make or break every event.
▼ + stars: | 2024-10-01 | by ( Lian Kit Wee | ) www.businessinsider.com time to read: +6 min

Pertoldi said two simple dishes — bread and pasta — are always a hit. AdvertisementThis as-told-to essay is based on a conversation with Matteo Pertoldi, a private chef and Italian restaurant owner. The bread and butter of fine diningPeople generally love simple things when done well. Matteo PertoldiAt events, guests would often say, "I love your spread, but the bread and cakes really stood out. AdvertisementGuests love simple pastaWhile we try to diversify our menus to suit every event for all the guests, I've always seen a strong appreciation for pasta, especially handmade ravioli.

Persons: Matteo Pertoldi, Pertoldi, —, I've, Matteo Pertoldi I've, they've Organizations: Service Locations: Singapore, Paris, Italian, Cambodia, Amalfi Coast, Italy

☆ Some techies are leaving cushy Silicon Valley jobs to launch startups at home in India
▼ + stars: | 2024-10-01 | by ( Shubhangi Goel | Charissa Cheong | ) www.businessinsider.com time to read: +11 min

Some expat Indians are moving back home to launch companies of their own. But the chaos, where even established startups are trying and failing, makes India a fair playing field for new entrants, Hassan said. Programs like Startup India, which provides founders benefits like tax exemption, easier compliance, and funding support, have made creating a company smoother. Bhide returned to India in January, leaving behind about $580,000 in total compensation at ticketing platform StubHub. Bhide said the general sentiment among local founders is shifting from "Build from India" to "Build for India."

Persons: —, Nithin Hassan, — Hassan, Hassan, he's, Binod Khadria, Khadia, That's, Ben Mathias, VCs, Mathias said, Devyani Parameshwar, It's, Rohan Bhide, Bhide, Dhruv Anand, Dhruv Anand Dhruv Anand, Anand, Ruchit Garg, Garg, Niranjan Vemulkar, Vemulkar Organizations: Service, Amazon, Microsoft, Meta, Global Research, Diaspora, Business, Vertex Ventures, Indian, Startup, Reliance, Tech, Google Locations: India, Bengaluru, Oyo, Byju's, Asia, Africa, Delhi, Gurugram, Silicon Valley, It's, Mumbai, Bangalore

☆ Tonight's vice presidential debate matters a lot more this time around
▼ + stars: | 2024-10-01 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, what you need to know about tonight's vice presidential debate , and why it's worth paying attention to. The big storyUp for debateDrew Hallowell/Getty Images; Andrew Harnik/Getty Images; Brandon Bell/Getty Images; Rebecca Zisser/BIOhio Sen. JD Vance and Minnesota Gov. ET for an uncharacteristically important vice presidential debate , write Business Insider's Brent D. Griffiths and John L. Dorman. Thanks to a hot streak at Miu Miu, Prada has done what few luxury retailers have been able to do this year: grow. In short, it doesn't get trendier than Miu Miu — and trendy is good for business.

Persons: —, Drew Hallowell, Andrew Harnik, Brandon Bell, Rebecca Zisser, JD Vance, Tim Walz, Insider's Brent D, Griffiths, John L, Dorman, Donald Trump, Kamala Harris aren't, Vance, Walz, hasn't, Brent, Trump's, There's, Harris, Joe Biden's, Matt Stroshane, Tyler Le, Blackstone, Getty, Justin Sullivan, Nvidia's, Jensen, Mira Murati, Natalie Ammari, That's, Miu Miu, Prada, Jimmy Carter, Mark Rutte, Jens Stoltenberg, Claudia Sheinbaum, Elliott Hill, Mike Johnson, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Business, Service, Microsoft, Getty, Ohio Sen, Minnesota Gov, CBS, Netflix, Republican, UBS, Venture, Murati, Consulting, Nike, NYSE Locations: Minnesota, Silicon, New York, London

☆ How to invest in the fourth quarter, according to the pros
▼ + stars: | 2024-10-01 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +6 min

As investors ponder how — and where — to invest in this uncertain climate, CNBC Pro asked market experts how they are positioning before the year-end. 'Capitalize on the shifting market dynamics' The fourth quarter is starting hot on the heels of central banks' rate easing cycle. "There is an interesting valuation point about U.K. equities, and given recent positive economic surprises that present potential upsides, we feel this is an attractive market." "International investors owning U.K. equities and not hedging the currency, either win on the currency strength gains or win on the equity market." Other markets Beyond the U.K., Hechler-Fayd'herbe sees potential in emerging markets such as Taiwan and South Korea.

Persons: Kevin Teng, Teng, —, Europe —, he's, Morgan Stanley, Lombard, Nannette Organizations: Equity, CSI, Treasury, Wrise Private Singapore, CNBC Pro, U.S . Federal Reserve, People's Bank of China, Nvidia, Nasdaq, EMEA, CNBC, Bank of England, International Locations: Asia, East, Europe, Hong Kong, China, U.S, Swiss, Taiwan, South Korea

☆ Consumer companies vie for share of India's booming stock market
▼ + stars: | 2024-10-01 | by ( Charmaine Jacob | In Charmainemariajacob | ) www.cnbc.com time to read: +2 min

More consumer-centric companies are looking to capitalize on India's booming stock market and strong economic growth, by going public. "After a decade, India's growth story is now likely to be driven by private consumption. With a better macro outlook, the risk appetite for investors for business to consumer companies have gone higher," said Atul Singh, CEO and managing director of wealth management firm LGT Wealth India. It may have started with large corporations like Reliance and Adani , but the positive macro story is driving more business to consumer companies to list," Singh told CNBC in an interview. India had 238 listings in 2023, reaching a nine-year high with 614 billion Indian rupees ($7.35 billion), according to FactSet data.

Persons: Ola, Atul Singh, Singh Organizations: National Stock Exchange, BMI, LGT Wealth, Reliance, CNBC, Transportation, Hyundai Motor India, Insurance, Hyundai, Ola Electric Locations: Mumbai, India

☆ 3 of China's Tesla rivals had a record month, putting pressure on Elon Musk
▼ + stars: | 2024-10-01 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Chinese Tesla rivals Zeekr, Xpeng, and Li Auto announced record monthly deliveries this week. That puts pressure on Tesla, which is also expected to announce strong numbers on Wednesday. Elon Musk's automaker is facing fierce competition in China, with rivals rolling out their own cheap EVs. Advertisement3 of Tesla's Chinese EV rivals have had a very good month — and they've thrown down a gauntlet for Elon Musk. Chinese EV makers Li Auto, Zeekr, and Xpeng all announced record September deliveries this week, putting pressure on Tesla as it prepares to release its own numbers on Wednesday.

Persons: Zeekr, Elon, —, Elon Musk, Li Auto, Xpeng, Tesla, Li, catchup Organizations: Li Auto, Elon Musk's, Service, EV, Li, Wall Street, London Stock Exchange, Reuters Locations: China

☆ Consumers have crowned Wawa the nation's No. 1 convenience store chain
▼ + stars: | 2024-10-01 | by ( Nicolas Vega | ) www.cnbc.com time to read: +3 min

The popular Philadelphia chain topped the American Consumer Satisfaction Index's first ever convenience store study, which ranked Americans' favorite spots to refill their gas tanks and their stomachs. The most popular convenience stores, the study found, are the ones that have focused on making food — and making it well — as consumers focus more on the in-store experience when deciding where to fill up. "The companies that are ultimately going to succeed are the ones that offer the most satisfying experience to consumers," he says. "The ones that keep consumers coming in and even going out of their way to visit those locations." Use code EARLYBIRD for an introductory discount of 30% off, now extended through September 30, 2024, for the back-to-school season.

Persons: Wawa's, Forrest Morgeson, Murphy USA, Morgeson Organizations: CNBC, Casey's, Cumberland Locations: Philadelphia, Wawa

Iran vows revenge over Nasrallah's deathIsraeli forces killed Hassan Nasrallah, the leader of the militant and political group Hezbollah, in a large-scale attack in Beirut on Friday. Ukrainian President Volodymyr Zelenskyy visited the U.S. last week for meetings with Trump, President Joe Biden and Vice President Kamala Harris. The ride-or-die fans of historically bad White SoxSights, scenes and snacks at the Los Angeles Angels-vs.-Chicago White Sox game at Guaranteed Rate Field in Chicago on Tuesday. Akilah Townsend for NBC NewsWith Friday's loss, the Chicago White Sox broke the record for the most losses in a Major League Baseball season. Leading up to the historic 121st loss, NBC News spoke with loyal White Sox fans whose support has not wavered despite the team's bad season.

Persons: Hassan Nasrallah, Vahid, Benjamin Netanyahu, Nasrallah, Abbas Nilforoushan, Abbas Aragchi, Israel, Yemen’s Ras Issa, Helene, Hurricane Helene, Joe Biden, Roy Cooper, Sheriff Quentin Miller, Kamala Harris, Donald Trump, Harris, Joe Biden’s, Press Sen, Marco Rubio, Biden, Trump, ” Rubio, Kristen Welker, Volodymyr Zelenskyy, Eric Adams, Sarah McBride, Akilah Townsend, I'm, Lance Norton, Mori, Tom Carpenter, ”, Rashee Rice, Ashley Landis Organizations: Hezbollah, Israeli, Islamic Revolutionary Guard Corps, Iranian, U.S ., Israel Defense Forces, NBC, Sheriff, Tennessee Bureau of Investigation, ’, NBC News, Telemundo, CNBC, Democratic, NBC News ’, Party, Press, U.S, Trump, New York, Republicans, Sox, Los Angeles Angels, Chicago White Sox, Major League Baseball, 121st, White Sox, American Pet Products Association Locations: Beirut, Iran, Lebanon, U.S, Hurricane, Florida, North Carolina, Buncombe County, Tennessee, Austria, Russia, Ukraine, Chicago

☆ What Walz’s and Vance’s past debates may reveal about Tuesday’s high-stakes matchup
▼ + stars: | 2024-09-30 | by ( Daniel Strauss | ) edition.cnn.com time to read: +14 min

Past debate footage reveals that both generally veer away from personal attacks and prefer loftier rhetoric to digging deeply into specific facts to establish policy credibility. Their past debate opponents said they didn’t always provide direct answers to questions. In both the primary and general election debates, Vance often stuck to policy areas he felt most comfortable with: immigration, the economy and drug control. According to those interviews and evidence from his past debates, Vance, a Yale Law School graduate, seems to enjoy getting into verbal volleys. Tim Walz debates for governor on August 17, 2018, at Grand View Lodge, in Nisswa, Minnesota.

Persons: Kamala Harris, Donald Trump, Tim Walz, Ohio Sen, JD Vance, Walz, Harris, Vance, The Walz, ’, We’re, ”, Rebecca Pearcey, Trump, Tim Ryan, Ryan, I’ve, ” Vance, “, he’s, ” Ryan, —, ” JD Vance, Bret Baier, Martha MacCallum, Andrew Spear, Ohio Republican Michael Gibbons, “ JD, it’s, –, George Floyd, Walz’s, Walz didn’t, Jeff Johnson, ” Walz, Johnson, Allen Quist, Quist, Sen, John McCain’s, Glen, Republican Scott Jensen, Derek Chauvin’s, Daunte Wright, doesn’t, Tim Kaine, Mike Pence, let’s Organizations: CNN, Minnesota Gov, Ohio, Democratic, Trump, Republican National Convention, New York Times, Rep, Ohio Republican, Fox News, Yale Law School, Republican, Minnesota’s, Congressional, Republicans, Minnesota Star Tribune, Getty, National Guard, Pence Democratic Locations: Atlanta, New York, Ohio, Columbus , Ohio, United States, “, Youngstown, Minnesota, Nisswa , Minnesota, Glen Stubbe

High risk of natural disaster and extreme heat For two decades, they’ve also been some of the most popular places to move as Americans have flocked to the South and West. Much of Vermont, which is not highlighted as high risk in the maps above, saw devastating flooding last year following a record-breaking storm. Jacksonville Tallahassee Gainesville Daytona Beach Orlando Tampa HIGH HURRICANE WIND RISK Sarasota The Tampa metro area has been one of the fastest growing in the country. Many of these new residents have settled in coastal communities that are at high risk for hurricanes. Dallas-Fort Worth sits in an area at high risk for serious thunderstorms, hailstorms and tornadoes.

☆ Brazil drought: Stark pictures reveal dramatic shrinking of major Amazon rivers
▼ + stars: | 2024-09-30 | by ( Laura Paddison | Gianluca Mezzofiore | ) edition.cnn.com time to read: +7 min

Rio Negro in Manaus in Amazonas state Brazil on September 12, 2021. Copernicus, Sentinel-2 satellite Rio Negro on September 16 2024. Copernicus, Sentinel-2 satellite Satellite images of the Rio Negro on September 12 2021 versus September 16 2024 Copernicus, Sentinel-2 satellitePart of the Rio Negro in Manaus on June 19, 2024. So too is the Solimões River, whose muddy-colored waters converge with the Rio Negro at Manaus to form the Amazon River. Copernicus, Sentinel-2 satellite Copernicus, Sentinel-2 satellite Satellite images of Lake Tefé on August 26 2023 versus August 25 2024 Copernicus, Sentinel-2 satelliteResearcher Miriam Marmontel, from Mamirauá Institute for Sustainable Development, after finding a dead dolphin on Lake Tefé on September 18, 2024.

Persons: It’s, —, Copernicus, Edmar Barros, Lincoln Alves, Jorge Silva, ”, Alves, ” Miriam Marmontel, Miriam Marmontel, Leonardo Benassatto, Romulo Batista, Adriana Cuartas, André Guimarães, El, El Niño, Cemaden’s, ” Guimarães, “, ” Cuartas Organizations: CNN, Amazon, Rio, — Rio, Sentinel, Rio Negro, National Institute for Space Research, Reuters, Mamirauá Institute, Sustainable Development, Greenpeace, Amazon Environmental Research Institute Locations: Brazil, Rio, Manaus, Amazonas, Rio Negro, — Rio Negro, Tabatinga, Brazilian, Colombia, Peru, Tefé, Copernicus, Greenpeace Brazil, “

☆ Apple’s iPhone 16 hasn’t gotten a hot start, analysts estimate, but some still counting on ‘super cycle’
▼ + stars: | 2024-09-30 | by ( Clare Duffy | ) edition.cnn.com time to read: +5 min

Apple needed the iPhone 16 to be a big seller after years of sluggish iPhone sales. In particular, demand for the higher priced iPhone 16 Pro devices were down sharply year-over-year compared with the iPhone 15 launch. Analysts say there appears to have been greater demand for the lower priced iPhone 16 and iPhone 16 Plus devices than the Pro and Pro Max, which could affect the average selling price and overall iPhone sales revenue. In the first weekend of presales, Apple sold 9.8 million iPhone 16 Pros and 17.1 million iPhone 16 Pro Max devices, down 27% and 16% year-over-year, respectively, according to Kuo. “It’s all about a monster holiday quarter and the supercycle begins for iPhone 16 in our view,” Ives told CNN in an email.

Persons: New York CNN — Apple, Long, It’s, it’s, Chi Kuo, Dan Ives, Angelo Zino, Pro Max, Kuo, Zino, ” Zino, ” Kuo, Lex Chiew, CFRA’s Zino, Mike Sievert, “, ” Ives Organizations: New, New York CNN, Apple, TF International Securities, Research, Pro, Apple Intelligence, iOS, Mobile, CNBC, CNN Locations: New York, China, ”, presales

☆ How Prada is beating the odds and bucking the luxury slump
▼ + stars: | 2024-09-30 | by ( Madeline Berg | ) www.businessinsider.com time to read: +10 min

"I think the 'miracle' at Prada is Miu Miu," Luca Solca, a senior analyst at Bernstein, told Business Insider. Miu Miu is doing just that. "Miu Miu is resonating with consumers because of a savvy mix of product and communication marketing," Solca said. Miu Miu has embraced stars (Sydney Sweeney and Gigi Hadid were featured in recent campaigns), which has energized its following. AdvertisementIn short — pun intended — you can't get trendier than Miu Miu right now, and being trendy is good for business.

Persons: that's, Miu Miu, Luca Solca, Bernstein, Miu, —, Moncler, Stifel's Rogerio Fujimori, Edward Berthelot, Solca, Sydney Sweeney, Gigi Hadid, Lexie Liu, Zhao Jinmai, Wu Yanshu, Miu Miu's Mary Jane, It's, Prada, Prada hadn't, Jelena Sokolova, Morningstar, Burberry, Gucci, Andrea Guerra, Raf Simons, Muccia Prada, Goldman Sachs, Gen, Scarlett Johansson, Arqué, Sokolova, Alessandro Michele, Guerra, L'Oréal, " Guerra Organizations: Prada, HSBC, Little, Business, New York Times, LVMH, Gucci Locations: Prada, Asia, China, Tokyo, Taipei, Nanjing, LVMH, Hong Kong

☆ 33-year-old mom: I left the U.S. to live 10 minutes from the beach in Jamaica for $1,900 a month—'I could not be happier'
▼ + stars: | 2024-09-30 | by ( Tiffany Grant | ) www.cnbc.com time to read: +5 min

I work outside every day—and I spend lessWhenever I sit out on my veranda, I say, "My office is open." There is some incredible scenery right outside my door, so I work outside every day. But my expenses come to about $1,900 a month, including rent, utilities, childcare, food, transportation, school fees and home maintenance. A view from Travellers Beach Resort, where I often take my kids to the beach. Some folks here like to do "bush cooking," where they prepare food outside, and people will happily offer you a plate if you are around.

Persons: I'd, Tiffany Grant Organizations: U.S Locations: North Carolina, Jamaica, Negril, U.S, Beach

☆ I grew up undocumented in a red state. I now have my dream career after receiving DACA — but my childhood was full of fear.
▼ + stars: | 2024-09-30 | by ( Charissa Cheong | ) www.businessinsider.com time to read: +8 min

Javier R. Quiroz Castro came to the US when he was three and applied for DACA when he was 22. In 2013, at 22, I applied for DACA — deferred action for childhood arrivals — and was given a work authorization card, enabling me to pursue a career in nursing. AdvertisementMy parents didn't have Social Security numbers or credit lines, so they always paid in cash. AdvertisementI applied for DACA, which opened doors for me to work legally in the USA year before I graduated from nursing school, President Obama announced DACA. AdvertisementThe US needs good people who work hard, and that's what a lot of my people want to do.

Persons: Javier R, Quiroz Castro, Quiroz, —, Javier, Obama, DACA —, I'm, I've, didn't, they'd, couldn't, DACA, Biden, haven't, Joe Biden, Trump Organizations: Service Locations: Houston , Texas, Mexico, Nashville, Houston

☆ China ETFs were big winners in September. History says to be cautious from here
▼ + stars: | 2024-09-30 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

As a result of that excitement, China ETFs are dominating the list of top performing funds in September, according to FactSet. The iShares MSCI China ETF (MCHI) was up about 22% on the month, while the KraneSharesCSI China Internet ETF (KWEB) was up more than 32%. Other top performers include the Global X MSCI China Consumer Discretionary ETF (CHIQ) and the Invesco Golden Dragon China ETF (PGJ) , with September gains of roughly 32% and 30%, respectively. The MSCI China Index's total annualized return during that period is under 1%. The average here is a gain of +78% over 176 trading days vs. a decline of -42% over 165 trading days," the note continued.

Persons: Todd Sohn, David Tepper, there's Organizations: People's Bank of, CSI, China Internet, Dragon China Locations: People's Bank of China, China, U.S

☆ U.S. crude oil on pace for third monthly loss in a row in September
▼ + stars: | 2024-09-30 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

U.S. crude oil prices are on pace for a third monthly loss in a row in September as rising supplies from OPEC+ and weak demand in China haunt the market. The U.S. benchmark has declined more than 7% for the month, while global benchmark Brent has fallen about 9%. "Oil markets are experiencing a panic attack," Amarpreet Singh, energy analyst at Barclays, told clients in a Friday note. Here are Monday's energy prices:Oil prices remain under pressure in part because OPEC+ plans to begin increasing production in December, and as demand in China, the world's largest crude importer, remains soft. The Netanyahu government is pummeling the Iran-backed militia group, with concerns growing that Israel might launch a ground operation in Lebanon.

Persons: Amarpreet Singh, Brent, Israel, Hassan Nasrallah, Netanyahu, Daan Struyven, Goldman Sachs Organizations: Brent, Barclays Locations: China, U.S, OPEC, Beirut, Iran, Israel, Lebanon, Libya, Saudi Arabia

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